Yup. That would be my preference if this unlikely scenario ever came to pass.

Name the team the Toronto Hockey Club, wear the 'Arenas' sweaters (which itself was just a nickname spawned because the team was owned by the Toronto Arena Company), and like any European or South American football club, let the fans give the team a nickname: the Maple Leafs.

A bull is a traditional symbol of finance, one of Toronto's primary industries; a 'bull market' is marked by increasing investor confidence and investment. Doubt that is where the Toros name came from though... at least their sweaters were pretty nice: